Asked by Chhor Sotheanea on Jun 29, 2024

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Usually,a commercial bank's depositors and its owners are the same individuals.

Deposit Account

A deposit account is a bank account that allows the holder to deposit and withdraw money, often earning interest, including savings accounts, checking accounts, and other transaction accounts.

  • Perceive the operation of banks within the framework of producing money.
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Saadhvi ChariJul 01, 2024
Final Answer :
False
Explanation :
A commercial bank's depositors and owners are typically not the same individuals. The depositors are individuals or entities that have entrusted their money to the bank for safekeeping and potentially to earn interest. The owners, on the other hand, are shareholders who have invested in the bank and expect to receive a return on their investment through dividends and/or appreciation in the value of their shares.